Boardroom Diversity.docx - Boardroom Diversity The Chairman of the Securities and Exchange Commission calls you after this course She is writing a rule

Boardroom Diversity.docx - Boardroom Diversity The Chairman...

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Boardroom Diversity The Chairman of the Securities and Exchange Commission calls you after this course. She is writing a rule governing the disclosure of diversity on company boards. She asks you what best practices are for boardroom diversity. Write the Chair a memo on best practices for boardroom diversity as the answer to this question. [Slides & Chap 8] Boardroom diversity should be present within a board diversity policy. The policy should be developed by the governance and nominating committee and updated from time to time. Diversity takes various forms in a boardroom and can be broadly categorized into the following elements: 1. Skills, expertise and experience 2. Gender A diverse boardroom should be a gender-balanced boardroom. 3. Ethnicity A board should have a mix of individuals from various racial, cultural and religious backgrounds. 4. Age Board members tend to be older, as many boards equate age with experience. While older directors
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  • Fall '19
  • Management, Chairman, Boardroom Diversity

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